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BITIProShares Short Bitcoin Strategy ETF

NYSEDaily chart
Range low retest · 2 Feb 2023

BITI slipped below its $167.80 – $206.30 range and came back to test the low on 2 Feb 2023.

Range low
$167.80
support
Range high
$206.30
23% above the low
In the range since
Sept 2022
5 mo
Close on retest day
$134.35
20% below the range low
  • Previous range $18.89 – $20.87 lasted 5 mo and broke downward at $16.58.
  • 6 sideways ranges found since 2022.
What is a range retest, and how do I read the chart?

A stock moves sideways between a floor (the range low) and a ceiling (the range high) for a long time. Then it drops below the floor, fails to climb back in, and returns to test that low again. Traders also call this a spring. Some springs mark the end of a decline; many don't.

On the chart, each candle is one trading day. The purple lines are the range the signal came from, and the green Retest label marks the day RangeStocks flagged. Tick “Show past sideways ranges” to see earlier ranges.

Daily chart

Sideways range history

RangeStartedEndedOutcomeRetests
28 Oct 2025Still open——
15 May 20256 Oct 2025 · 5 moBroke below the range at $16.58—
4 Nov 202422 May 2025 · 7 moBroke below the range at $18.89—
23 Feb 202429 Oct 2024 · 8 moBroke below the range at $31.70—
10 Mar 202325 Oct 2023 · 8 moBroke below the range at $79.50—
6 Sept 202216 Feb 2023 · 5 moBroke below the range at $125.902 Feb 2023

Retest signals

  • 2 Feb 2023 · 5 mo into the range

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Past patterns don't predict future price moves. This page shows what an automated algorithm detected and is not financial advice. Read the disclaimer.